Barnett Shale Energy Education Council
There are many myths circulating about the supposed lack of regulation in the oil and gas industry. In a Forbes article, "Shale Oil And Gas Development Is Heavily Regulated," David Blackmon confronts these false accusations head on.
Read MoreThe United States is a world leader in many areas, but using natural gas as a transportation fuel is, unfortunately, not yet one of them. According to statistics from the Natural Gas Vehicle Knowledge Base, there were over 15 million natural gas-powered cars and trucks in the world as of 2011, but only 123,000 of them in the United States; however, this outlook is changing quickly as more car and truck manufacturers are introducing CNG (compressed natural gas) and LNG (liquefied natural gas) vehicles.
Read MoreNatural gas has a long history as a reliable fuel source for home heating, industrial manufacturing and electrical generation. However, securing long-term supplies has always been tied to the discovery and development of conventional “oil and gas reservoirs” that over time became more difficult and expensive to find and often occurred in environmentally or politically sensitive areas throughout the world.
Read MoreIt is now obvious that domestic and global energy companies are beginning to believe in unconventional shale-gas and potential markets in the U.S. In just a few short years, we have seen Exxon-Mobil, Shell, Chevron, BP and others buy out some independent producers in major shale plays. We have also witnessed countries such as France, India, Italy and China investing heavily in the U.S. gas shale business.
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